Several more enterprises returning to state ownership

The Government of the Republic of Kazakhstan adopted a resolution on some issues of republican property, Kazpravda.kz reports with reference to the press service of the Prime Minister of the Republic of Kazakhstan.

“Accept the offer of Temir Triumph LLP on the transfer of a 100% stake in the Transport Service Center joint-stock company to republican ownership under a donation agreement,” the text of the resolution says.

It should be noted that TSC JSC is the balance holder of over 400 railway sidings in Kazakhstan.

Also, under the donation agreement, Integrity Solutions LLP transfers to the republican ownership a 50% stake in the authorized capital of Soft Art LLP, operating in the info-communication field.

The private company "Bridge capital investments limited" transfers to the state 100% of the shares in the authorized capitals of Akmolit LLP, Marhit LLP, Topaz-NS LLP, operating in the mining and manufacturing industries.

Shares of TSC JSC and stakes in the authorized capitals of these partnerships are transferred as payment for the placed shares of the National Wealth Fund Samruk-Kazyna JSC, the resolution says.

The resolution enters into force from the date of its signing.